Month: August 2018

Trading Returns July 2018

Markets had sustained momentum in July 2018, which led to stellar trading returns for the month. The trading performance would have been better had I not stopped trading commodities in June. I am still heavily underwater in bond futures too, though bank nifty futures gave marvelous performance in July.

Here is a tabulation of the returns over different time frames:

Investment and Trading Performance over different time frames, updated to July end 2018

Investment Performance July 2018

After the last investment performance of June 2018, markets certainly performed better in July 2018. Consequently all of the benchmarks 5.4% to 8.8% for the month, but my portfolio rose a nice 15.4% for the month. Being mid and small cap oriented, my portfolio has almost been flattish over the last six months, but that compares well to mid and small cap funds or PMS, though not so well with Large Cap Oriented Funds.

Investment Performance in comparison to various benchmarks

Here is information in the above graph in a easier to read tabulated form.

Investment and Trading Performance over different time frames, updated to July end 2018

Portfolio as on August 14, 2018

The last portfolio update was from April 1, 2018. The previous one was from January 11, 2018. You can see the posts to see how the portfolio has evolved.

The period between April and August ranked as a very quiet period for the portfolio. In the backdrop of a market which saw a most significant drop in mid and small cap stocks, I have kept a steady mind and not added to my portfolio significantly. And I practically did not sell anything.

So even if stocks like Cummins and CanFin Homes don’t show up below, it is not because I have sold them, but it is because they have dropped significantly in price

Portfolio Dislosure April 2018

After the last portfolio disclosure in Jan 2018, there were quite a few changes to the portfolio, but only in the ones where the holding was small. There were really no core changes to the portfolio since the last disclosure:

Ticker

%Holding

%Gain

OBEROIRLTY

10.62546011

113.8797772

BAJAJFINSV

4.730678304

397.5568785

BALKRISIND

3.88259142

664.5134899

NESCO

3.161791756

104.3182081

HINDPETRO

2.967844134

19.16479847

PIIND

2.886474972

112.5913834

IDFC

2.849247583

-36.18255307

IDFCBANK

2.825004433

-9.832876109

ECLERX

2.738630833

7.732010409

DCMSHRIRAM

2.50701572

232.9641992

RELIANCE

2.300758461

78.93340345

IBULHSGFIN

2.263550282

198.7374152

BAJAJELEC

2.258306071

151.9853078

INDHOTEL

2.244549514

64.38836803

CANFINHOME

2.114308727

1056.600621

MCDOWELL-N

1.997258267

3.735481891

BHARATFORG

1.957663073

297.5622922

LT

1.91158063

17.48584183

AARTIIND

1.882093914

235.9019224

AKZOINDIA

1.823801542

51.84341855

MUTHOOTFIN

1.818411293

-5.313506663

IRB

1.71591064

67.8419657

OCCL

1.63109147

788.5515663

AJANTPHARM

1.586038659

157.8488374

SPARC

1.576868608

154.6983655

TATAINVEST

1.575462528

38.77017767

GRINDWELL

1.575281193

289.8586545

SHILPAMED

1.557782875

150.0245445

NMDC

1.556485759

-7.583080722

HMVL

1.54043307

6.75067626

HINDZINC

1.504019433

61.28020634

The last portfolio update was at a time when the market was at an all time high. The portfolio has shrunk then, both as a result of market correction, as well as significant pruning of the portfolio. Among stocks that did well, I would include Bajaj Finserv and Bajaj Electricals. The IDFC twins and HPCL did poorly.